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How can one open a demat account? Here are 4 simple steps to follow Rising GDP typically elevates inflation. Moderate inflation indicates a healthy economy. An increase in prices in general can loosely be termed as inflation.

Insolvency and Bankruptcy Code (IBC) has emerged as a pivotal tool in India's quest to bolster its attractiveness to global investors. By streamlining the process of resolving insolvency cases, the IBC not only facilitates the efficient allocation of capital but also instils confidence in investors regarding the robustness of India's legal and regulatory framework. The Supreme Court recently noted that the principle aims of the IBC are to promote investment, and resolution of insolvencies of corporate persons, firms, and individuals in a time bound manner. The IBC consolidated and amended a web of laws which had led to an ineffective and inefficient mechanism for resolution of insolvencies marked with significant delays. One of the key aspects that enhances India's global appeal is the IBC's provision for cross-border insolvency cases. The Insolvency and Bankruptcy Code contains provisions enabling cross-border insolvency cases through bilateral agreements and the issuance of letters of request to foreign courts by Adjudicating Authorities (AAs) under section 234 and section 235. Through bilateral agreements and the issuance of letters of request to foreign courts, the IBC enables seamless resolution of insolvency cases involving international stakeholders. This aspect is particularly significant in today's interconnected global economy, where businesses operate across borders, and investment flows transcend geographical boundaries.

S Naren, ED & CIO, ICICI Prudential AMC, says “more than valuation, I would be more worried about sentiment that people are just too positive and we have always seen that when people are too negative, it is a very good period to invest and when people are too positive, it is a time to be more circumspect.” What is the sense that you are getting about the market? S Naren: We are at an all-time high. Just now, we have reached an all-time high. So, it is a very special feeling.

Investing.com-- Most Asian stocks fell on Tuesday as investors collected recent profits in the technology sector, while China’s economic outlook and plans for the year spurred little improvement in sentiment towards the country. 

By Antoni Slodkowski, Andrew Hayley and Eduardo Baptista

stocks stumbled on Tuesday, dragging Asian peers with them, as investors showed their disappointment at Beijing's plans to support the economy as its week-long annual session of parliament, the National People's Congress, got underway. Equities around the rest of the region were also on the back foot following a retreat from record highs on Wall Street overnight on signs the U.S. Federal Reserve is in no hurry to cut interest rates. U.S. stock futures also pointed lower.

home prices in India are set to rise 7% this year and next, driven by purchases of luxury properties, according to analysts polled by Reuters who said the supply of affordable homes would continue to lag demand. Barely dented by the Reserve Bank of India's 2-1/2 percentage points of interest rate rises from May 2022 to February 2023, the housing market has powered along with Asia's No. 3 economy, the fastest growing amongst major peers. Home prices rose 4.3% in 2023, the fastest since 2018, according to Reuters calculations based on the RBI's House Price Index.

investors took a pause ahead of economic data and Fed Chair Jerome Powell's congressional testimony. Apple closed down 2.5% following a $2-billion EU antitrust fine for preventing Spotify and other music streaming services from informing users of payment options outside its App Store.

Li Qiang has announced that China's economic growth target for this year is around 5%, in line with last year's performance despite forecasts for a slowdown. The ruling Communist Party has said it is prioritizing efforts to encourage consumer spending to help drive the economy. Last year, the economy grew at a 5.2% pace, but that was after a very slow 3% annual growth rate in 2022, when the country was enduring the worst disruptions from the COVID-19 pandemic.

BEIJING (Reuters) — China's services activity grew at a slower pace in February, with business confidence moderating for the second month and firms trimming staff numbers for the first time since November, a private-sector survey showed on Tuesday.

Investing.com-- China’s services sector grew less than expected in February, a private survey showed on Tuesday, as the Lunar New Year holiday provided only a limited boost to activity amid a broader downturn in the economy.

By Georgina McCartney

Investing.com — The Canadian Dollar weakened against its U.S. counterpart today, as oil prices fell and rik sentiment remained uncertain ahead of key data this week.

You have to wonder why Canadians are investing their money outside the country like never before.

The Bank of Canada is expected to preach patience at its interest rate announcement this week as economists say weakening economic conditions are setting the stage for rate cuts in the coming months.

By Davide Barbuscia and Shankar Ramakrishnan

Defence Minister Rajnath Singh is set to inaugurate several infrastructure projects at the Indian Navy's strategically located base in Karnataka's Karwar on Tuesday. These projects, developed under Project 'Seabird,' aim to enhance India's long-term security interests in the Indian Ocean region. Expansion of Naval Base The infrastructure projects to be inaugurated by Singh include two major piers and seven residential towers comprising 320 houses for naval officers and defence civilian personnel. The expansion of the naval base is crucial for accommodating a growing fleet and enhancing operational capabilities.

unemployment rate declined to 3.1% in 2023 from 3.6% in the previous year, corresponding with the country recording stellar growth during the year. A significant reason for the decline in the unemployment rate was the decline in urban unemployment. Urban unemployment declined to 5.2% in 2023 compared with 5.9% in the previous year. Rural unemployment was down 40 bps to 2.4% from 2.8% earlier. Global rating agency Moody’s, Monday, raised India’s growth estimate for 2023 by a percentage point to 7.7% from 6.7% projected earlier. Growth is expected to ease to 6.8% in 2024 and 6.4% in 2025, it noted. India recorded over 8% growth during the April-December period.

BEIJING—It is the end of the Chinese growth miracle as we know it, and Chinese leader Xi Jinping seems fine with that. The question now is whether he can steer the country onto a new course—and keep the rest of China on board. After three years of pandemic-era distortions, the longer-term trajectory of the world’s second-largest economy is coming into focus, and it is showing a plateauing of growth that would have alarmed previous Chinese leaders.

Mint. “Not only are we a major supplier of critical minerals, we're also home to a buzzing ecosystem that is developing lithium and is looking at the future of lithium-ion technology for batteries and vanadium redox flow batteries, which will be a very key opportunity to grow and address the demands—be it for vehicles or for storage," she added. While Japan, Korea and European nations have been Australia’s traditional partners, Choudhury sees an increasing opportunity for Indian firms.

By Lefteris Papadimas and Angeliki Koutantou